Nigeria (Federal Republic of Nigeria) is located in West Africa and occupies most of the West African coast. It borders Niger, Chad, Cameroon, Benin. It is washed by the waters of the Atlantic Ocean in the south and southwest. The form of government is a multi-party presidential republic. The head of state is the president. The capital, Abuja, is the administrative and cultural center of the country.
Climate. Almost the entire territory of the country has an equatorial, monsoon climate. The average annual temperature is about +25 °C.
Number. Nigeria is the largest country in Africa by population. In 2023, the population was 230,842,743.
Language. Nigeria is a multilingual country with many languages spoken. However, English is the official national language and is used in government, education, business and in communication between different ethnic groups. In addition to English, there are many local languages and dialects.
Nigeria has vast reserves of oil and natural gas, and the oil sector is a key sector of the economy. Energy exports bring significant revenue to the country and make up the majority of the gross domestic product. However, dependence on oil makes the economy vulnerable to price fluctuations on the world market.
Agriculture plays an important role in the economy. The country produces cassava, peanuts, cocoa, cassava and palm oil. However, the sector faces low productivity, lack of modern cultivation techniques and unavailability of credit to farmers.
Despite significant oil revenues, Nigeria has one of the highest poverty rates of any country in the world. Poverty and inequality are serious problems in the country, and many people face a lack of access to basic services such as education, healthcare and clean drinking water. Poverty in Nigeria is caused by various factors, including inadequate infrastructure development, lack of access to credit and microfinance for entrepreneurs, high unemployment, corruption and poor economic management.
The country has great potential for economic growth and development. Improving infrastructure, reforms in education and health care, fighting corruption and diversifying the economy can help reduce poverty and improve the country's standard of living in the future.
